The Tax Authority is completing the necessary technical preparations for launching a refund system of the amounts collected as value added tax from tourists and visitors upon leaving Bahrain, an official statement said.

Just as the political decision in Bahrain is dependent on Saudi Arabia, now the economic decision depends on Riyadh’s conditions as well after a new grant worth 10 billion dollars was provided to the island kingdom.

The Electricity and Water Authority confirmed that it will levy VAT on invoices as of January. This comes at a time of increasing voices rejecting the government's taxation policy.

Shura Council first vice-chairman Jamal Fakhro said that the Value Added Tax (VAT) will be applied gradually, not comprehensively, during 2019.

The British school said it will retract the Value Added Tax fee on a number of services it provides to its students, including formal dress, food, stationery and school activities after being imposed on these services.

The National Bureau for Taxation (NBT) today highlighted its ongoing efforts to enhance consumer protection and compliance with the VAT law and its Executive Regulations in preparation for its induction on January 1, 2019.

The Assistant Undersecretary for Development and Policy of Public Revenues at the Ministry of Finance and National Economy, Rana Ebrahim Faqihi, affirmed that over 1,000 enterprises have registered for the Value Added Tax (VAT).

Minister of Transportation and Telecommunications Kamal bin Ahmed Mohammed stated that the Ministry will take all needed measures to not enforce the added value tax (VAT) on local and international exempted transport services.

Minister of Works, Municipalities Affairs & Urban Planning Essam Khalaf explained that residential, commercial or industrial buildings would not be affected by VAT as well as the construction services were construction or planning permission services.

Health Minister Faeqa Saeed Al Saleh said that the Ministry of Health will take all the necessary measures to ensure that no VAT is collected on health services including medicines and medical essentials.

Bahrain will exclude oil products from a value-added tax (VAT) due to be implemented next year, part of an essential goods exclusion from the tax, Oil Minister Sheikh Mohammed bin Khalifa al-Khalifa said on Tuesday in remarks carried by the state news agency.

The Central Bank of Bahrain confirmed that Article 54 of the Value-Added Tax Law (VAT Law) stipulates that the provision of financial services specified by the Regulation shall be exempt from the application of VAT. This exemption shall not apply in respect of specific fees, commissions or commercial discounts.

The Ministry of Industry, Trade and Tourism said it will monitor markets and prices after implementation of value-added tax (VAT).

An official statement said that Finance Minister Salman bin Khalifa Al Khalifa and Minister of Industry Zayed Al-Zayani will hold a meeting with Chamber of Commerce and Industry today to discuss the implementation of the Value Added Tax (VAT).

The Chamber of Commerce and Industry retracted its first statement which demanded some MPs to postpone the Added Value Tax, and replaced it with a statement demanding that the government "improve the implementation of the Added Value Tax."

The Bahraini Finance Minister Salman bin Khalifa Al Khalifa issued the Executive Regulations on the Value Added Tax (VAT), effective January 1, 2019.

Citizens in Bahrain are getting ready for the first direct tax on goods and services, after the government obtained a formal approval from parliament to apply the value added tax (VAT) starting next year.

The Assistant Undersecretary for Development and Revenue Policies in the Finance Ministry Rana Ibrahim Faqihi said that the Value Added Tax (VAT) will be applied starting January 2019.

Bahrain’s new parliament is expected to swiftly pass sensitive austerity measures needed to secure a Gulf aid package, but the U.S.-allied government may implement the belt-tightening in stages to avoid provoking public anger.

Continuing the series of taxes that will be levied on the Bahraini citizen starting January 2019, the Governor of Central Bank of Bahrain Rasheed Mohammed Al-Maraj disclosed that VAT will also be applied to all fee-based banking services.